Passive income is everyone's dream -- receiving money without having to work for it. It's why people play the lottery, it is why employers still offering pensions can attract talent. It's also the promise of retirement. I believe that achieving life-style sustaining passive income is possible.
I also believe that it takes many years of full-time employment and actively managing money to reach that state. Some call it early retirement. I further believe it is more than a good mix of dividend-paying stocks. Other factors are owning a house, two cars, taking vacations, and raising two children with sports camps, college tuition, and weddings that come with it. It's easy to prioritize passive income generation and to forget about living life!
I've been balancing life and money more actively since I got married, bought a house, and had two kids. I've been tracking my net worth on a monthly basis for six years. I have financial goals that I'm tracking, and life goals (like places I want to take the family). I have an investment strategy that I've evolved over the years. I'm actively working on setting up passive income. Active Passive Money.
On this site I plan to share what I've learned, my ideas, in hopes that it benefits others. I've learned from others that shared their stories on the web. This is my way of giving back. I hope you enjoy it!